Bihar Gramin Bank HULASGANJ IFSC Code

Hulasganj is a town in Jehanabad district of Bihar. The Bihar Gramin Bank branch at Hulasganj serves local residents and businesses for deposits, withdrawals, remittances and government payouts. For electronic fund transfers — NEFT, RTGS and IMPS — the branch’s IFSC code is essential. The IFSC identifies the exact bank and branch in the payment network so money is routed correctly and quickly.

Branch Details

Merger Update

Both Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were reorganised under a common structure. The current operational IFSC for the merged entity under Punjab National Bank is PUNB0MBGB06. Old IFSC codes that belonged to UBGB or DBGB have been revoked; they will not work for NEFT/RTGS/IMPS. Use only the new IFSC PUNB0MBGB06 for any transfers to this Hulasganj branch.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11‑character alphanumeric code used by RBI and banks to route electronic payments. The structure is:

• First 4 characters — bank code (alphabetic). Example: PUNB for Punjab National Bank.
• 5th character — reserved and always 0.
• Last 6 characters — branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06.

So PUNB0MBGB06 breaks down as PUNB (bank) + 0 (reserved) + MBGB06 (branch).

How to Use IFSC Code (NEFT / RTGS / IMPS)

• Open your bank’s netbanking or mobile app and go to “Funds Transfer” or “Add Beneficiary”.
• Choose transfer type: NEFT, RTGS or IMPS. (IMPS is immediate, NEFT and RTGS depend on bank rules — verify limits and cutoffs.)
• Provide beneficiary details: name, account number, and the IFSC PUNB0MBGB06 for Hulasganj branch.
• Double‑check the IFSC and account number character by character. A wrong IFSC can route to another branch or cause delays.
• Submit beneficiary details. Most banks require an OTP or separate activation time (typically minutes to a few hours) before you can transfer to a newly added beneficiary.
• Once beneficiary is active, initiate the transfer, enter amount and confirm using OTP or transaction PIN.
• Save the transaction ID or UTR for reference. For NEFT/RTGS you can use the UTR to track settlement with the receiving bank.

Benefits of Knowing the IFSC

• Ensures funds are routed to the correct bank and branch without manual intervention.
• Speeds up electronic transfers (NEFT/RTGS/IMPS) and reduces failed transactions.
• Makes it simple to add beneficiaries in netbanking or mobile apps.
• Helps reconcile incoming transfers when you have multiple branch accounts.
• MICR and IFSC together assist in cheque clearing and electronic settlements.

Contact

Branch Phone: 9771464203
Branch Address: HULASGANJ, Jehanabad, 804487
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free No: 18001807777

FAQs

• Q: Can I use the old UBGB or DBGB IFSC to transfer money?

  A: No. Old UBGB/DBGB IFSC codes have been revoked after the restructuring. Use only PUNB0MBGB06 for transfers to this Hulasganj branch.

• Q: What if I enter the wrong IFSC but correct account number?

  A: If the wrong IFSC corresponds to another valid branch, the transfer may reach that branch and cause delay or return. If IFSC doesn’t match account details, the transaction is likely to fail and get reversed. Always confirm both account number and IFSC before sending funds.

• Q: What is the difference between IFSC and MICR?

  A: IFSC (11 chars) is used for electronic transfers (NEFT/RTGS/IMPS). MICR (9 digits) is used mainly for clearing physical cheques through the MICR clearing system. Both identify bank/branch but serve different clearing channels.

• Q: How quickly will money arrive using each method?

  A: IMPS is immediate (real‑time) subject to bank limits. NEFT is typically instant or settles quickly; it is available round‑the‑clock in most banks but may have internal processing times. RTGS is for higher value transfers and settles in real time; check your bank’s minimum and operational hours. Always save the transaction UTR for tracking.

• Q: Where can I verify the IFSC before transferring?

  A: Verify the IFSC on a bank statement, passbook, cheque leaf (printed), or by calling the branch phone 9771464203. Confirm the IFSC is PUNB0MBGB06 for Hulasganj before initiating transfers.

Kriti Kumari

Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.